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</html><description>Inflation pressures are easing and Elliot Clarke summarizes Westpac&#x2019;s outlook for US inflation as follows: This week we decompose the Personal Consumption Expenditure (PCE) deflator to assess what inflation pressures currently exist and how they are likely to develop. The conclusion is that the inflation picture argues for an extended period of extremely accommodative policy &hellip; Continue reading ""</description><thumbnail_url>http://static.incrediblecharts.com/images/2014/2014-04-01-tnx.png</thumbnail_url></oembed>
